The index of the Dollar of the united States, which gauges the dollar against its major rivals, has fallen to new lows in the region of 98.80 following the results of the u.s. data.

U.s. dollar erodes the support line of 11 months

The bias offered around the dollar accelerated today after the Consumer Confidence of the united States followed the expectations missed the Conference Board for the current month, deflactando to 120.3 against 122.5 predicted and 124.9 to march. Other results exceeded the estimates of sales of new homes in 621.000 units in march, or 5.8%, and housing prices measured by the S & P/Case-Shiller rose at a 5.9% (5.7% estimated).

The USD is now testing the support line to be critical of 11 months in the region of 98.80 after the results of the united States, while the returns americans are able to remain marginalized in the upper end of the range daily.

It is worth to mention that USD also remains under pressure from the community, speculative, since the long net have receded to a minimum of two weeks in the week to 18 April, according to the latest report from the CFTC.

Levels relevant to the us dollar

The index is losing 0.13% to 98.78 showing the next support at 98.70 (minimum of 24 of April) and then 98.67 (a minimum of 27 of march).

On the other hand, a break above 99.4 (minimum of 24 of April) points to 100.04 (38.2% Fibo of the fall in march) and finally 100.12 (SMA of 20 days).